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For This Oxford Alumnus, Scholarship Support Comes Full Circle

Paul Jackson and Tami Puckett

Paul P. Jackson Jr. 82Ox 84B and Tami Puckett support Oxford students.

Scholarship funds meant that Paul P. Jackson Jr. 82Ox 84B could attend Oxford College, and once he left his home state of Florida, he never looked back. The gift changed his life. Much later, when he needed to name a life insurance beneficiary, he designated Oxford College, seizing the chance to provide scholarship funds to future students.

"If not for the scholarship that Oxford offered me, I would have attended a state school and missed out on making these friends and contacts," Jackson says of his wide circle of contacts from his alma mater. "My education helped prepare me for anything that the real world has thrown at me. I made this planned gift because I would like to provide the same opportunity down the road for Oxford students, so they can run with it."

Jackson's connection to Emory began at birth. His father, Paul P. Jackson Sr. 49C, was among the multitude of students who increased Emory's enrollment right after World War II.

"I always knew about Emory growing up," says Jackson, who lived in Orlando at the time. "I wasn't that interested in the Atlanta campus, but a guy at my church went to Oxford and told me about it. When I visited, I loved it."

Lasting relationships formed during his two years at Oxford, particularly with professors Jim Warburton 73G and Neil Penn, who taught Spanish and history, respectively. "Neil Penn really forced me to learn to study properly so I could survive and excel in his class," Jackson says. "Those were tools you easily could apply in other classes."

After graduation, Jackson remained in the Atlanta area and deepened his Emory ties. "I never got disconnected," he says. "A young alumni group had started, and I got involved with my first Oxford class reunion at the five-year mark. From that point, I liked staying in contact with people there that I wanted to be even more plugged in, and it was easy because I lived locally."

With undergraduate degrees in management and marketing, Jackson today is vice president of a business solutions company that he first learned about from an Oxford friend. In 1998, he married Tami Puckett, a sculptor and professional home organizer and designer, who fully supports his decision to give back.

After serving two years as president of the Oxford College Alumni Board, Jackson received the 2008 Outstanding Alumnus Award. He served on the Emory Alumni Board for six years. Today Jackson serves on the Oxford College Board of Counselors, which advises Dean Douglas A. Hicks and his administration on issues of high priority to the Oxford community.

In these leadership roles, "It's rewarding to see the fruits of our labors," Jackson says. "Student relationships are so important for Oxford, so our alumni don't disconnect when they step off campus. We want them to stay connected to us even when they are all over the world."

Staying involved for so long means that Jackson frequently bumps into Oxford acquaintances. "Everywhere we go, it seems, I see someone I know from Oxford," he says. "We call this 'the X factor.'"

Looking back on his favorite memories, Jackson is proud of his alma mater's expansion and viability. "When I was there, 20 percent of Oxford students were from Florida," he recalls. "It has doubled in size now, and the diversity of the student body is huge. Some people can't accept change like that, and I know that my dad didn't understand my experience in 1984 compared to his in 1949." But Jackson knows that change is a vital element to Oxford's success. "Any institution that is stagnant is going to close."

Making your legacy gift to Emory is easier than you think. Contact Emory Office of Gift Planning at 404.727.8875 or giftplanning@emory.edu. For online resources, go to giftplanning.emory.edu.

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A charitable bequest is one or two sentences in your will or living trust that leave to Emory University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Emory University, a nonprofit corporation currently located at Atlanta, GA, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Emory or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property, or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Emory as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Emory as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Emory where you agree to make a gift to Emory and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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